Annual Report 2016
117
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED MARCH 31, 2016
6.
RELATED COMPANY TRANSACTIONS
– continued
The Group
The Group entered into the following transactions with associates:
2016
2015
HK$’000
HK$’000
Sales of electronic components
1,017
2,029
Other income
487
826
Management fee received
361
–
Commission expenses
–
135
Purchases of electronic components
15,040
62,847
At the end of the reporting period, the Group has the following balances with associates:
2016
2015
HK$’000
HK$’000
Associates
– other receivables (Note)
–
1
– other payables (Note)
(42,414)
–
– trade payables aged less than 30 days
–
(5,984)
Note:
Amounts are unsecured, interest-free and repayable on demand.
